Air and Travel NEWS

Lockheed Martin acquires Sikorsky Aircraft

Lockheed Martin (NYSE: LMT) said it has closed its acquisition of Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft. Aligned under the Lockheed Martin Mission Systems and Training (MST) business … Continue reading “Lockheed Martin acquires Sikorsky Aircraft”


Air T doubles net earnings YoY

Air T, Inc. (NASDAQ: AIRT) said it has reported consolidated net earnings of USD3,794,000 (USD1.58 per diluted share) for fiscal 2016´s second quarter ended September 30, 2015, compared to consolidated net earnings of … Continue reading “Air T doubles net earnings YoY”


Southwest Airlines RPMs up 10.8% YoY

Southwest Airlines Co. (NYSE: LUV) said it has reported its October and year-to-date preliminary traffic statistics. The company flew 10.0 billion revenue passenger miles (RPMs) in October 2015, a 10.8 percent increase from … Continue reading “Southwest Airlines RPMs up 10.8% YoY”


Aero AT to build aircraft manufacturing facility in Changzhou National Hi-Tech District

Poland-based Aero AT Ltd., Jiangsu Aero AT Aviation Technologies and Changzhou National Hi-Tech District said they have entered into an investment agreement whereby the aircraft manufacturer will build a facility for producing the … Continue reading “Aero AT to build aircraft manufacturing facility in Changzhou National Hi-Tech District”


Click2Jet launches site for booking private jet charters

Click2Jet said it has announced the rollout of service in its Los Angeles and San Francisco launch markets. Click2Jet contracts with charter operators to offer a lower-priced, real time search and booking alternative … Continue reading “Click2Jet launches site for booking private jet charters”


PHI operating revenues dip USD1.6m in Q3 YoY

PHI, Inc. (NASDAQ: PHII) said it has reported financial results for the quarter ended September 30, 2015. Consolidated operating revenues for the three months ended September 30, 2015 were USD214.7 million, compared to … Continue reading “PHI operating revenues dip USD1.6m in Q3 YoY”


Kaman to acquire Calkins Fluid Power

Kaman Corporation (NYSE: KAMN) said its Distribution Segment (Kaman) has signed a definitive agreement to acquire substantially all the assets of Calkins Fluid Power, Inc. (Calkins), a distributor of fluid power components and … Continue reading “Kaman to acquire Calkins Fluid Power”


Butler National gets Learjet 60 ADS-B compliance STC

Butler National Corporation (OTC: BUKS) said that its subsidiary, Butler Avionics, Inc., has received a Federal Aviation Administration Supplemental Type Certificate approval of the installation of its ADS-B(Out) avionics solution into the Learjet … Continue reading “Butler National gets Learjet 60 ADS-B compliance STC”


Egencia partners with Routehappy

Egencia, the business travel company of Expedia, Inc., said it has partnered with Routehappy to bring flight amenity information into Egencia TripNavigator. According to a business and technology travel study by Egencia, travelers … Continue reading “Egencia partners with Routehappy”


Southwest Airlines named top 100 military friendly employer

Southwest Airlines (NYSE: LUV) said it has been recognized as one of the Top 100 Military Friendly Employers by Victory Media, publisher of G.I. Jobs and Military Spouse. This is Southwest´s seventh consecutive … Continue reading “Southwest Airlines named top 100 military friendly employer”


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